Invester Relations

Financial PerformanceConsolidated Income Statement

(million yen)
FY2018 FY2019 FY2020
Net sales 28,806 27,064 24,479
Cost of sales 19,487 18,330 16,640
Gross profit 9,319 8,734 7,838
Selling and general administrative expenses 7,369 7,456 6,996
Operating income 1,950 1,279 842
Non-operating income 387 382 353
Non-operating cost 135 93 166
Ordinary income 2,202 1,568 1,030
Net income (or loss) before income taxes 2,278 1,568 911
Corporate, inhabitant and enterprise taxes 607 519 275
Corporate tax adjustments △31 21 △35
Total corporate taxes 576 540 240
Income before adjustment of minority interest 1,702 1,028 670
Minority interest 264 251 153
Net income 1,438 776 518